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Non-Profit Foundation
hap.org

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Portfolio Exits

1

Partners & Customers

10

About Health Alliance Plan

Health Alliance Plan (HAP) is a Michigan-based nonprofit health plan. HAP serves individuals and companies of all sizes through HMO, PPO, Medicare and Medicaid plans. HAP specializes in preventive care, customer service excellence, online tools, e-Prescribing, disease management and wellness programs, and provides access to Michigan's physicians, hospitals and health systems.

Health Alliance Plan Headquarter Location

2850 W. Grand Blvd.

Detroit, Michigan, 48202,

United States

313-872-8100

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Latest Health Alliance Plan News

10:15 EDT HAP adds industry leaders to its board of directors

Jun 8, 2022

News provided by Share this article Share this article DETROIT, June 8, 2022 /PRNewswire/ -- Health Alliance Plan, a Michigan-based nonprofit health plan, has added two executives to its board of directors. These industry leaders were chosen for their unique skills and backgrounds that will contribute to HAP's continued growth as a consumer-centric health plan. Davis. HAP is governed by a volunteer board of directors that includes executives from the fields of health care, automotive/ manufacturing, financial services, education, professional services, consumer services and community planning. HAP's diverse board includes national and regional business leaders, ensuring that the organization has a strong line of sight into regional and national health care trends and issues. HAP's new board members are: Joni M.T. Davis, a second-generation owner-operator of four McDonald's restaurants in the metro Detroit area. She is also general counsel and managing partner of Jamjomar, Inc., the managing company for 30 McDonald's locations in southeast Michigan and Louisiana. Her extensive legal experience includes serving as senior attorney and diversity director at Detroit law firm Miller, Canfield, Paddock & Stone, PLC. She holds a law degree from Emory University School of Law and a Bachelor of Arts degree from the University of Michigan. She is licensed to practice law in Michigan and California. Meerah Rajavel, chief information officer, Palo Alto Networks, responsible for the organization's global information technology functions. She has a deep understanding of the IT challenges faced by industries and organizations of all sizes, having also served as CIO at Citrix and in leadership roles at McAfee, Forcepoint, Cisco and Infosys. Rajavel holds a master's degree in business administration from the Leavey School of Business at Santa Clara University in Santa Clara, Calif., and a bachelor's degree in Computer Science & Engineering from the Thiagarajar College of Engineering at Anna University in Chennai, India. In addition, two non-director committee members were added. Margaret Kennedy, a director in PwC's private audit practice, has been named to the HAP Finance Committee. And Cheryl Thompson Marsh, an executive management consultant and statewide representative for Oral Health Progress and Equity Network (OPEN), has been added to the Clinical and Service Quality Committee. Both bring extensive experience in their respective fields to these roles. "HAP is committed to providing an exceptional consumer experience," said Michael Genord, M.D., president and CEO of HAP. "This includes enhancing our digital delivery capabilities as well as addressing the critical issues of health inequities, social disparities and rising health care costs, which disproportionately impact certain populations. We're thrilled that these new additions to our board and its committees bring expertise that will support and enhance our efforts as we continue to look for innovative ways to serve HAP members." About Health Alliance Plan Health Alliance Plan (HAP) is a Michigan-based, nonprofit health plan that provides health coverage to individuals and companies of all sizes. For 60 years, HAP has partnered with leading doctors and hospitals, employers, and community organizations to enhance the health and well-being of the lives it touches. HAP offers a product portfolio with six distinct product lines: Group Insured Commercial, Individual, Medicare, Medicaid (using the HAP Empowered name), Self-Funded and Network Leasing. HAP excels in delivering award-winning preventive services, disease management and wellness programs, as well as personalized customer service. For more information, visit www.hap.org . SOURCE Health Alliance Plan

Health Alliance Plan Portfolio Exits

1 Portfolio Exit

Health Alliance Plan has 1 portfolio exit. Their latest portfolio exit was HealthPlus of Michigan on February 02, 2017.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

2/2/2017

Acquired

$99M

1

Date

2/2/2017

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

1

Health Alliance Plan Acquisitions

2 Acquisitions

Health Alliance Plan acquired 2 companies. Their latest acquisition was Trusted HP - Michigan on September 19, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/19/2019

$99M

Acquired - II

2

2/1/2016

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$99M

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10

Date

9/19/2019

2/1/2016

Investment Stage

Companies

Subscribe to see more

Valuation

$99M

$99M

Total Funding

Note

Acquired - II

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Sources

2

10

Health Alliance Plan Partners & Customers

10 Partners and customers

Health Alliance Plan has 10 strategic partners and customers. Health Alliance Plan recently partnered with CareSignal on June 6, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

6/23/2022

Partner

United States

1

5/26/2022

Partner

United States

1

10/28/2021

Vendor

United States

10:00 ET HAP expands national provider network for members through new partnership with Aetna

This partnership allows Health Alliance Plan members access to Aetna 's nationwide network with coverage from the Health Alliance Plan/ASR statewide network in Michigan . ''

1

8/23/2021

Partner

United States

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10

1/23/2019

Partner

United States

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10

Date

6/23/2022

5/26/2022

10/28/2021

8/23/2021

1/23/2019

Type

Partner

Partner

Vendor

Partner

Partner

Business Partner

Country

United States

United States

United States

United States

United States

News Snippet

10:00 ET HAP expands national provider network for members through new partnership with Aetna

This partnership allows Health Alliance Plan members access to Aetna 's nationwide network with coverage from the Health Alliance Plan/ASR statewide network in Michigan . ''

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Sources

1

1

1

10

10

Health Alliance Plan Team

3 Team Members

Health Alliance Plan has 3 team members, including former Chief Operating Officer, Senior Vice President, Matthew M. Walsh.

Name

Work History

Title

Status

Matthew M. Walsh

Chief Operating Officer, Senior Vice President

Former

Charles Bloom DO FACOEP

Chief Medical Officer

Former

Mary Ann Tournoux

Senior Vice President

Former

Name

Matthew M. Walsh

Charles Bloom DO FACOEP

Mary Ann Tournoux

Work History

Title

Chief Operating Officer, Senior Vice President

Chief Medical Officer

Senior Vice President

Status

Former

Former

Former

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